Are Investors Undervaluing Genesis Minerals Limited (ASX:GMD) By 34%?
May 26
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Australian (ASX) Gold Industry Analysis
UpdatedMay 29, 2025
DataAggregated Company Financials
Companies152
- 7D3.6%
- 3M24.4%
- 1Y62.7%
- YTDn/a
In the last week, the Gold industry is up 8.9%, with Northern Star Resources up 6.6%. In the same time, Predictive Discovery was down 18%. This means that the industry has gained 63% over the past year. Looking forward, earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the Australian Gold Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 29 May 2025 | AU$104.8b | AU$22.4b | AU$3.1b | 18.2x | 33.9x | 4.7x |
| Sat, 26 Apr 2025 | AU$93.6b | AU$22.2b | AU$3.0b | 19.4x | 31x | 4.2x |
| Mon, 24 Mar 2025 | AU$83.8b | AU$22.2b | AU$3.0b | 17.8x | 27.6x | 3.8x |
| Wed, 19 Feb 2025 | AU$78.0b | AU$20.1b | AU$2.4b | 20.5x | 32.9x | 3.9x |
| Fri, 17 Jan 2025 | AU$75.7b | AU$18.7b | AU$1.8b | 20.4x | 41.4x | 4.1x |
| Sun, 15 Dec 2024 | AU$74.6b | AU$18.6b | AU$1.8b | 22.1x | 41.2x | 4x |
| Tue, 12 Nov 2024 | AU$72.3b | AU$18.4b | AU$1.8b | 19.6x | 40.2x | 3.9x |
| Thu, 10 Oct 2024 | AU$67.3b | AU$18.4b | AU$1.8b | 20.1x | 37.6x | 3.7x |
| Sat, 07 Sep 2024 | AU$62.7b | AU$18.2b | AU$1.7b | 20.8x | 37.8x | 3.4x |
| Mon, 05 Aug 2024 | AU$61.6b | AU$16.1b | AU$1.1b | 23.3x | 55.6x | 3.8x |
| Wed, 03 Jul 2024 | AU$55.6b | AU$16.1b | AU$1.1b | 21x | 51.5x | 3.5x |
| Fri, 31 May 2024 | AU$58.1b | AU$17.1b | AU$1.2b | 20.8x | 49x | 3.4x |
| Sun, 28 Apr 2024 | AU$59.0b | AU$17.2b | AU$1.2b | 22.1x | 49.4x | 3.4x |
| Tue, 26 Mar 2024 | AU$52.8b | AU$16.9b | AU$1.2b | 17.5x | 42.9x | 3.1x |
| Thu, 22 Feb 2024 | AU$48.3b | AU$15.6b | AU$708.2m | 18.9x | 68.2x | 3.1x |
| Sat, 20 Jan 2024 | AU$71.2b | AU$22.9b | AU$1.3b | 22.6x | 52.9x | 3.1x |
| Mon, 18 Dec 2023 | AU$75.4b | AU$22.9b | AU$1.3b | 24.6x | 56x | 3.3x |
| Wed, 15 Nov 2023 | AU$69.6b | AU$22.9b | AU$1.4b | 21.4x | 51.4x | 3x |
| Fri, 13 Oct 2023 | AU$69.9b | AU$23.0b | AU$1.4b | 21.5x | 51.6x | 3x |
| Sun, 10 Sep 2023 | AU$68.5b | AU$22.9b | AU$1.4b | 18.8x | 48.6x | 3x |
| Tue, 08 Aug 2023 | AU$68.8b | AU$22.4b | AU$569.5m | 17.9x | 120.9x | 3.1x |
| Thu, 06 Jul 2023 | AU$71.8b | AU$22.3b | AU$558.6m | 17.2x | 128.6x | 3.2x |
| Sat, 03 Jun 2023 | AU$73.2b | AU$22.4b | AU$586.8m | 18x | 124.7x | 3.3x |
| Mon, 01 May 2023 | AU$75.8b | AU$22.4b | AU$585.2m | 19.3x | 129.5x | 3.4x |
| Wed, 29 Mar 2023 | AU$67.7b | AU$22.3b | AU$576.3m | 15.3x | 117.6x | 3x |
| Fri, 24 Feb 2023 | AU$61.0b | AU$21.9b | AU$459.6m | 18.1x | 132.8x | 2.8x |
| Sun, 22 Jan 2023 | AU$69.0b | AU$20.7b | AU$1.1b | 19.4x | 60.3x | 3.3x |
| Tue, 20 Dec 2022 | AU$61.0b | AU$21.0b | AU$1.2b | 17.6x | 51.4x | 2.9x |
| Thu, 17 Nov 2022 | AU$57.1b | AU$20.9b | AU$1.2b | 14.8x | 47.9x | 2.7x |
| Sat, 15 Oct 2022 | AU$49.3b | AU$21.6b | AU$1.3b | 14.2x | 38.4x | 2.3x |
| Mon, 12 Sep 2022 | AU$51.3b | AU$20.7b | AU$1.4b | 11.8x | 36.8x | 2.5x |
| Wed, 10 Aug 2022 | AU$56.9b | AU$19.2b | AU$2.1b | 8.7x | 26.5x | 3x |
| Fri, 08 Jul 2022 | AU$50.1b | AU$19.4b | AU$2.2b | 7.8x | 23.1x | 2.6x |
| Sun, 05 Jun 2022 | AU$64.8b | AU$19.0b | AU$2.1b | 9.8x | 30.4x | 3.4x |
Price to Earnings Ratio
30.4x
Current Industry PE
- Investors are pessimistic on the Australian Gold industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 33.9x which is lower than its 3-year average PE of 63.5x.
- The 3-year average PS ratio of 3.3x is lower than the industry's current PS ratio of 4.7x.
Past Earnings Growth
- The earnings for companies in the Gold industry have grown 13% per year over the last three years.
- Revenues for these companies have grown 5.6% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Australian Gold compare with similar industries?
| AU Market | 0.23% | |
| Materials | 0.15% | |
| Metals and Mining | 0.27% | |
| Gold | 3.57% | |
| Aluminum | 10.20% | |
| Copper | 6.29% | |
| Precious Metals and Minerals | 5.74% | |
| Silver | 2.15% | |
| Diversified Metals and Mining | -0.32% | |
| Steel | -2.97% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NST Northern Star Resources | AU$20.48 | 6.6% +AU$1.8b | 42.6% | PE30.9x | |
| GMD Genesis Minerals | AU$4.48 | 8.0% +AU$372.9m | 134.6% | PE42.3x | |
| BGL Bellevue Gold | AU$0.95 | 7.3% +AU$266.4m | -50.8% | PE16.4x | |
| WGX Westgold Resources | AU$3.00 | 10.3% +AU$264.1m | 31.0% | PE27.4x | |
| EVN Evolution Mining | AU$8.79 | 1.4% +AU$240.3m | 123.1% | PE25.5x |
